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Yesterday, another record high how concerned should we be about our health and the health of the economy . And three full days until the president ial election. A live report from what could be a key county in the deciding of the election power lunch starts right now welcome to power lunch. Another down day for the market. It is the dow clearly outperforming the nasdaq three of the four tech giants reporting yesterday are lower right now. Apple, amazon, facebook, google in the green twitter off its low hitting a major roadblock today. Exxon and chevron under attack and underperforming. Are these stocks still worth investing in well get into all of that we begin with stocks closing out a bad week and a bad money bob pisani tracking the action for us good to see you its a tough end of the week and tough end to october look at these stats here were not closed yet but still pretty bad worst week since march 20th. Dows worst month since march. Its the second straight down much for stocks an ....
The index is down 10 from its record highs for the month the dow fell 4. 5 pshs, again, its worst month since march and second down nont a row the stp and nasdaq coming off twostraight losing months as you can see here the moves in october not great hanging into november. But it wasnt all red arrows we have been keeping an eye on small cap stocks they fell 1. 5 on friday, they did end the month higher by 2 for their sixthstraight positive month or sixth positive month out of seven crude under heavy selling pressure u. S. Benchmark currently 35 per barrel, 2 of the downside here for wti crude. Remember, lockdowns across europe are beginning to go into effect and thats sparking demand fears much more on that coming up. But first, around the world, a mostly higher session in asia over night on china manufacturing data hang seng in hong kong up 1. 5 europe is getting their day started. Were seeing positivity in the european markets ftse 100 up. Sticking with europe any developing story thi ....
Manufacturing index hitting its best level since november 2018 but tech stocks as we mentioned lagging. The nasdaq is in the med as apple, amazon, microsoft all trade lower 59 minutes left in the session. Back off the lows. Coming up on todays show, ever corps founder roger altman on how the outcome of the election could affect your machine. Plus mond leez and paypal report earnings after the bell we will bring you all of those nbc first on cnbc with mond leezs ceo as soon as those numbers come out. We start off the month of november with gains after a down ep to october. Bob pisani is tracking some of the action. It is turning out to be a fairly simple narrative to understand today that is investors are choosing stimulus over stayathome plays. Let me show you what i mean. There is a belief there ises going to be very gig stimulus coming somewhere down the road again. Thats taken hold here look at the s p 500, up. Wait look at the small caps, up almost twice as much generally the bep y ....
Of that in about an hour. Apple is sometimes seen as a proxy on consumer spending, entertainment, computer, mass mutual fund reflecting how we all feel and our appetite to buy stuff. Some of this stuff were told could be very, very pricey. Depending how it all lays out, when tim cook makes the announcement, well have a good idea how much americans are willing to fork over if it gets you know, pricey. But again this is not really been a problem for apple in the past, as you have been hearing here. It is the most widelyheld stock on the entire planet. Just amazing. But, all eyes on amy barrett in washington right now, the judiciary committee, taking up her confirmation process to get on the Supreme Court as an associate justice but not without a lot of talking. Not so much on her part, on the questioners part. There are 22 senators, 12 republicans, 10 democrats who have been allocated 30 minutes to ask their questions. That works out ....
The city with 50s and low 60s yesterday. 5357 at livermore and san jose. Today upper 70s and low 80s. After today, we settle in about where these temperatures in the. The south wind at Oakland Airport. Fair followed fairfield a 26 miles per hour. A pretty good fog bank and i dont think it is going anywhere anytime soon. Temperatures will be low and probably will be for the next few days. Now lets go over to allie. Where would you like to start . We are going to start with the problem spot for much of the morning, i should say. The earlier crashes have been cleared out of the way, but you can see traffic has cleared northbound and southbound 600 80. Looking at the south bay commute, things look good and i can show you this live picture of 280 in san jose northbound and southbound, no problems to tell you about here. This is the san mateo bridge which is busy in the westbound direction over to the peninsula. The bay bridge toll pla ....